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What does the gas fee in eth mean (eth out of gas)?

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The gas fee in eth means that there are two gas fee issues in the Ethereum 2.0 d

What does the gas fee in eth mean (eth out of gas)?

The gas fee in eth means that there are two gas fee issues in the Ethereum 2.0 deposit contract, namely ETH gas fee and execution environment consumption.

In order to avoid using excessively high and complex gas functions on the network, which would require Ethereum users to pay higher additional ETH gas fees for operations, these costs generally include the following three situations: When a user completes a transfer through a transaction and one party does not have enough wallet support for this operation, if the request is rejected by others, the gas fee for that portion will be burned.

eth out of gas

According to reports, according to WhaleAlert monitoring, the price of ETH has fallen below $130 today. Some netizens expressed that the block space limit of ETH has exceeded 1MB and reached a peak in the past week. If this continues, it may further decline to a level of around 140-160M.

In addition, some users pointed out that the current gas fees for Ethereum are still high, which means that miners are using their mining equipment (such as Lido and Ethermine). Due to severe congestion on the Ethereum network, transaction fees have skyrocketed. Some users even believe that this is caused by the decline in ETH prices.

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